Eastney Road, Southsea, Portsmouth

£110,000 Guide Price
  • Ref: 12971
  • Type: Flat
  • Availability: For Sale
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Leasehold

Property Summary

A conveniently located GROUND FLOOR FLAT close to shops and parks which would benefit from updating. Comprising lounge, kitchen, double bedroom, bathroom, separate WC and LARGE REAR GARDEN. An ideal first time buy or buy-to-let INVESTMENT.

Full Details

OUR COMMENTS A conveniently located ground floor flat with a large east-facing garden situated in Eastney Road, Southsea. The property has gas central heating and double glazing (and additional secondary glazing to the front which was left in place to improve sound insulation). The property is presented in a clean and useable condition and is ready for immediate occupation, but would in our view benefit from an upgrade to the kitchen, bathroom and some TLC to the décor at some point in the near future.

The rear garden starts at 4m width, expanding to 6m as it moves rearwards, by a whopping 13m … an impressive space for an apartment. The property scores highly when it comes to convenience too … Tesco is express is just 135 meters away, Bransbury Park is 250meters and the local parade of shops including a bakery and butcher is just 400meters.

We think the property would make an excellent first time buy and a terrific buy-to-let (expect rental value in the region of £650PCM / 7% Yield.)

OWNERS COMMENTS I bought this property because it has an excellent garden space and it is very convenient for walking to the local shops. It's been a great home for me, but there is no escaping that the garden is becoming too much and I will be moving out of the area to a retirement flat that is close to my family. It means that you will be getting the benefit of the Brussel Sprouts growing in the garden!

Entrance Hall: 2' 10" x 5' 8" (0.88m x 1.75m)

Lounge: 8' 8" x 15' 4" (2.66m x 4.69m)

Inner Hall: 2' 7" x 17' 1" (0.79m x 5.21m)

Bedroom: 9' 6" x 11' 9" (2.90m x 3.59m)

Kitchen: 7' 10" x 9' 5" (2.41m x 2.89m)

Bathroom: 5' 1" x 6' 8" (1.57m x 2.04m)

WC: 2' 7" x 3' 10" (0.80m x 1.17m)

Lease Information: The vendor intends to provide a new lease on completion which is expected to be of 125 years duration, a new ground rent value is to be confirmed. The existing lease has 70 years remaining, the current ground rent is £60 pa and the current maintenance charge is £480 pa including insurance. (We have not sighted documents to evidence this and advise that should you proceed to purchase this property this should be checked by your conveyancer). The seller will consider a sale to a cash buyer without new lease at a reduce value if this is desired.

Property Features

  • Ground Floor Flat
  • Double Bedroom
  • Lounge
  • Kitchen
  • Bathroom
  • Separate WC
  • Large Rear Garden
  • Close to Shops and Park
  • Investment Opportunity

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